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Alkane Resources (Alkane Resources) Capex-to-Operating-Income : 4.02 (As of Dec. 2023)


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What is Alkane Resources Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Alkane Resources's Capital Expenditure for the six months ended in Dec. 2023 was $-42.21 Mil. Its Operating Income for the six months ended in Dec. 2023 was $10.50 Mil.

Hence, Alkane Resources's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 4.02.


Alkane Resources Capex-to-Operating-Income Historical Data

The historical data trend for Alkane Resources's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alkane Resources Capex-to-Operating-Income Chart

Alkane Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 3.75 1.75 1.59 1.56

Alkane Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.20 1.16 1.13 2.17 4.02

Competitive Comparison of Alkane Resources's Capex-to-Operating-Income

For the Gold subindustry, Alkane Resources's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alkane Resources's Capex-to-Operating-Income Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alkane Resources's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Alkane Resources's Capex-to-Operating-Income falls into.



Alkane Resources Capex-to-Operating-Income Calculation

Alkane Resources's Capex-to-Operating-Income for the fiscal year that ended in Jun. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-61.611) / 39.474
=1.56

Alkane Resources's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-42.209) / 10.495
=4.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Alkane Resources  (OTCPK:ALKEF) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Alkane Resources Capex-to-Operating-Income Related Terms

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Alkane Resources (Alkane Resources) Business Description

Traded in Other Exchanges
Address
66 Kings Park Road, Level 4, West Perth, Perth, WA, AUS, 6005
Alkane Resources Ltd owns and operates Tomingley Gold Operations, an open pit and underground gold mining development, located 50km southwest of Dubbo. It also holds several prospective gold and copper tenements in Central West NSW, including the Boda deposit 20km north of Wellington. The initial Boda and Kaiser resource estimates suggest a genuine prospect for a large-tonnage gold-copper development.

Alkane Resources (Alkane Resources) Headlines

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